• Title/Summary/Keyword: Life-Cycle Cost (LCC)

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Probability- based Life Cycle Cost Analysis of Railroad Structures (확률적 방법에 의한 철도시설물의 LCC 분석)

  • Sho Byung-Choon;Choi Young-Min;Cho Sun-Kyu;Shin Kyung-Chul;Jung Jae-Dong
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.971-976
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    • 2004
  • The management of railroad structures is more difficult and complicate because there are many structures such as rail, bridge, tunnel, station, and so on. Therefore, LCC(Life Cycle Cost) analysis of railroad structures as public infrastructure must contain a maintenance cost as well as an initial cost in order to make a more effective management during the life cycle on the design phase. This paper presents a cost classification scheme considering user costs such as value of delayed time of passenger and freight. Also, in this study it is developed a probabilistic life cycle cost(PLCC) analysis model of railroad structures taking into account uncertainties and variations of input variables in order to analyze LCC. It may be stated that the model proposed in this study can greatly contribute to the making optimal decision, the estimate of the maintenance cost and the allocate of budget in the project of railroad structures.

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Decision Method on Target Safety Level in Suspension Bridges by Minimization of Life Cycle Cost (생애주기비용의 최소화에 의한 현수교의 목표안전수준 결정방법)

  • Bang, Myung-Seok
    • Journal of the Korean Society of Safety
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    • v.24 no.2
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    • pp.62-68
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    • 2009
  • Life Cycle Cost(LCC) is adopted to decide the target of safety level in designing suspension bridges. The LCC are evaluated considering two types of uncertainty; aleatory and epistemic. The nine alternative designs of suspension bridge are simulated to decide the safety level which can minimize the LCC. The LCC is calculated through the probability of failure and safety index including the uncertainty. This method results in the useful tool deciding the optimum safety level with minimal LCC as the main design factor.

Reliability-based Life Cycle Cost Analysis for Optimal Seismic Upgrading of Bridges

  • Alfredo H-S. Ang;Cho, Hyo-Nam;Lim, Jong-Kwon;An, Joong-San
    • Computational Structural Engineering : An International Journal
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    • v.1 no.1
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    • pp.59-69
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    • 2001
  • This study is intended to propose a systematic approach for reliability-based assessment of life cycle cost (LCC) effectiveness and economic efficiency for cost-effective seismic upgrading of existing bridges. The LCC function is expressed as the sum of the upgrading cost and all the discounted life cycle damage costs, which is formulated as a function of the Park-Ang damage index and structural damage probability. The damage costs are expressed in terms of direct damage costs such as repair/replacement costs, human losses and property damage costs, and indirect damage costs such as road user costs and indirect regional economic losses. For dealing with a variety of uncertainties associated with earthquake loads and capacities, a simulation-based reliability approach is used. The SMART-DRAIN-2DX, which is a modified version of the well-known DRAIN-2DX, is extended by incor-porating LCC analysis based on the LCC function developed in the study. Economic efficiencies for optimal seismic upgradings of the continuous PC segmental bridges are assessed using the proposed LCC functions and benefit-cost ratio.

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Life Cycle Cost Analysis about Renewable Energy Facilities Combination of Photovoltaic system, Solar thermal system and Geothermal system (태양광발전, 태양열 급탕, 지열시스템의 신재생에너지설비 조합에 관한 LCC 분석)

  • Chun, Sang Hyun;Ahn, Jang-Won;Kim, Wonwoo;Cho, Seung-Yun
    • KIEAE Journal
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    • v.12 no.1
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    • pp.105-112
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    • 2012
  • When a building is planned and designed, the design should be able to minimize the cost during the whole life cycle of the building. This study has begun to analyze LCC about the alternative design which is applicable to renewable energy facility construction. It is reviewed domestic and foreign papers about the trend of LCC technology and it is determined the analytical method to analyze the LCC of renewable energy. Regarding the review of alternatives, it is chosen the three alternatives which are able to designed combing the renewable energy facilities and it is performed the LCC analysis about each alternative. Alternative 1 is Photovoltaic + Solar Thermal + Photovoltaic /Wind Power, Alternative 2 is Geothermal + Photovoltaic, and Alternative 3 is Photovoltaic + Solar Thermal. The LCC analysis is present value method, its analytical period is 40 years and it is applied 3.2% of real discount rate. As a result, it is proved that Alternative 1 and Alternative 3 are not able to collectible the early investment cost during the analytical period and Alternative 2 is analyzed that its pay-back period of early investment cost is about 31 years. As the final outcome of this study on case analysis, it is more advantageous to use the combination of Geothermal and Photovoltaic energy than to use the other combination in LCC aspect.

The Life Cycle Cost Estimation for Domestic Products Motor Block of KTX-1 Considering Periodic Maintenance (유지보수정보 주기를 고려한 KTX-1 모터블럭 개발품의 수명주기비용 예측)

  • Yun, Cha-Jung;Noh, Myoung-Gyu;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.2
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    • pp.288-292
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    • 2013
  • This paper presents the result of life-cycle cost (LCC) estimation for domestic products propulsion control system (motor block unit) of KTX-1 considering periodic maintenance. Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. To estimate LCC for domestic products motor block unit, it was analyzed physical breakdown structure (PBS) on motor unit in view of maintenance cost and unit cost etc. As a results, life cycle cost on motor block unit increased moderately expect for periodical time when major parts are replaced at the same time. hereafter this results will be reflected in the domestic products being developed.

Life Cycle Cost Analysis of Steel Railroad Bridges Under Corrosive Environment (강철도교의 부식영향에 따른 생애주기비용분석)

  • 이종수;유선미;조선규;김만철
    • Proceedings of the KSR Conference
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    • 2002.10a
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    • pp.684-689
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    • 2002
  • This paper represents the life-cycle cost(LCC) of steel bridges which are located on the train-network. Corrosion problems are mainly considered in the steel members such as steel plate girder, box girder, truss and arch. Based on the current value, initial construction cost, maintenance cost and demolition cost are calculated and life-cycle costs are formulated for the several types of bridges. From the comparison on each LCC, an effective painting method is recommended for reducing the LCC of steel bridges. Even though the initial cost of Super Weather Resistance Heavy Duty Paintings (Resin Fluoride) is expensive, because of the long endurance, the LCC of steel bridges painted with Super Weather Resistance Heavy Duty Paintings (Resin Fluoride) is less than that painted with General Heavy Duty (Rubber Chloride).

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A Linkage Method for the Life Cycle Cost Breakdown Structure through an Analysis of Boundary Conditions (경계조건 분석을 통한 LCCBS 연계방안)

  • Jeong, Jae-Hyuk;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.321-332
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    • 2013
  • Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

Development of Life Cycle Cost Model & System of the Road Tunnel (지하도로시설물의 LCC예측 모델 및 시스템 개발)

  • 조효남;선종완;김충완;민대홍
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2004.10a
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    • pp.157-162
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    • 2004
  • Recently, Life Cycle Cost (LCC) for civil infrastructures, such as pavements, bridges, and dams, has been emphasized. However there are few cost models for road tunnel especially for maintenance phase. The road network is composed of highways, bridges, and road tunnels. Thus it is as important as for road tunnels to keep safe for traffic. The maintenance strategies for road tunnels can be achieved based on the minimization of LCC in maintenance phase. For this purpose, in this paper, cost model and cost classification for road tunnel in maintenance phase are suggested.

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Optimum Life-Cycle Cost Design of Steel Bridges (강교의 생애주기비용 최적설계)

  • Cho, Hyo-Nam;Lee, Kwang-Min;Kim, Jung-Ho;Choi, Young-Min;Bong, Youn-Jong
    • Journal of Korean Society of Steel Construction
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    • v.15 no.4 s.65
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    • pp.341-358
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    • 2003
  • This paper proposed a general formulation of Life-Cycle Cost (LCC) models and LCC effective design system models of steel bridges suitable for practical implementation. An LCC model for the optimum design of steel bridges included initial cost and direct/indirect rehabilitation costs of a steel bridge as well as repair/replacement costs, loss of contents or fatality and injury losses, road user costs, and indirect socioeconomic losses. The new road user cost model and regional socioeconomic losses model were especially considered because of the traffic network. Illustrative design examples of an actual steel box girder and an orthotropic steel deck bridge were discussed to demonstrate the LCC effectiveness of the design of steel bridges. Based on the results of the numerical investigation, the LCC-effective optimum design of steel bridges based on the proposed LCC model was found to lead to a more rational, economical, and safer design compared with the initial cost-optimum design and the conventional code-based design.

Development of System and Cost Function Model for Life Cycle Cost Analysis of Bridge (교량의 생애주기비용 분석을 위한 비용함수 모델 및 시스템 개발)

  • Park Mi-Yun;Sun Jong-Wan;Eom In-Soo;Cho Hyo-Nam
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2005.04a
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    • pp.704-711
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    • 2005
  • Recently Life Cycle Cost Analysis for civil infrastructures such as pavements, bridges, and dams has been emphasized However, so far, there are few systems available for life cycle cost analysis of bridges at design stage. Therefore, the objective of this paper is to develop a user-friendly life-cycle cost analysis system for LCC-effective optimal design decision making at design stage. The program is based on the proposed LCC model, formulation, analysis modules and systematic procedure that suit Korean construction conditions. It is expected that the developed system can be effectively utilized for more LCC-effective design of bridges. It is applied to an actual bridge design project in order to demonstrate its effectiveness and applicability.

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